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Daily Debrief: What Happened Today
The big car certificate of entitlement (COE) premium rebounded even as the small car premium remained exactly the same.
Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling.
A set of special notes to celebrate the Currency Interchangeability Agreement between Singapore and Brunei has been launched to commemorate 50 years of cooperation between both countries.
Capitaland's wholly owned serviced residence business, The Ascott Limited, is acquiring an additional 60 per cent stake in Quest Apartment Hotels for A$180 million (S$191 million).
Singapore on Wednesday condemned North Korea's ballistic missile test that the pariah state said was a "gift" for the United States on Independence Day. The intercontinental ballistic missile (ICBM) travelled little more than 900km before plunging into the Sea of Japan on Tuesday.
Malaysia's exports likely rose for the seventh straight month in May, boosted by firmer prices and stronger demand for the country's key commodities, a Reuters poll showed.
The STI Today
Singapore stocks bounced back on Wednesday, with buoyant oil prices and a regional rebound helping the Straits Times Index (STI) to gain 1.17 per cent or 37.54 points to close at 3,248.71.